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Source: Live Mint This cautious approach, however, comes at a cost to investors, who miss out on potential returns as the cash lies idle while they continue to pay fees on the full investment. As of August, India’s top 20 equity mutual funds, managing ₹4.08 trillion in assets, held an average of 6% in cash—up…
Source: Live Mint Dividend Stocks: Shares of several major companies, including ADS Diagnostics Ltd, Accelya Solutions India Ltd, and KPI Green Energy Ltd, among others, will trade ex-dividend from Monday, September 30, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, some companies have announced other corporate actions,…
Source: Live Mint New-age tech stocks such as Paytm, CE Info Systems, Ola Electric among others, witnessed rapid changes in their respective stock prices this week when domestic equity benchmarks Sensex and Nifty 50 logged record highs on strong global cues. Some of the top new-age tech stocks snapped their winning streaks, while others outperformed…
Source: Live Mint Foreign portfolio investors (FPIs) turned aggressive buyers in September, boosted by the latest supersized 50 basis points (bps) interest rate cut by the US Federal Reserve. FPIs made a remarkable comeback to Indian markets this month, snapping their previous moderation, driven by domestic and global factors. They were consistent buyers in June…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint A new proposal for central government pensioners, under the Central Government Health Scheme (CGHS) and the Ex-Servicemen Contributory Health Scheme (ECHS), will likely offer the Pradhan Mantri Jan Arogya Yojana (PM-JAY) scheme as an additional option, reported the news portal Financial Express on Saturday, September 28. According to the report, Shiva Gopal…
Source: Live Mint Reliance Power share: Anil Ambani-owned Reliance Power shares have been on an uptrend for the last eight sessions. After the announcement of debt settlement as a guarantor on behalf of Vidarbha Industries Power Limited (VIPL), Reliance Power shares came out of the base building mode and started hitting the upper circuit. The…
Source: Live Mint Oil prices settled higher on Friday but fell on the week as investors weighed expectations for higher global supply against fresh stimulus from top crude importer China. Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude futures settled up 51 cents, or…
Source: Live Mint Ahead of the beginning of October, stock market traders and investors need to be aware of the stock market holidays next month. Both Indian stock exchanges, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), will remain shut on 2 October to mark the birth anniversary of Mahatma Gandhi. According…
Source: Live Mint Stock in focus: Zee Media shares have been on an uptrend for the last one week. In the previous five straight sessions, Zee Media’s share price has ascended from around ₹13 to ₹20.75 apiece on the NSE, recording a nearly 55% rally. However, the Zee Media stock is expected to remain in…
